ProShares Investment Grade Interest Rate Hedged $IGHG Stock Position Trimmed by TBH Global Asset Management LLC

TBH Global Asset Management LLC trimmed its stake in shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 49.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,584 shares of the company’s stock after selling 9,396 shares during the quarter. TBH Global Asset Management LLC owned about 0.28% of ProShares Investment Grade Interest Rate Hedged worth $751,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Redhawk Wealth Advisors Inc. acquired a new position in shares of ProShares Investment Grade Interest Rate Hedged in the 1st quarter worth approximately $10,158,000. Capital Advisors Ltd. LLC grew its stake in shares of ProShares Investment Grade Interest Rate Hedged by 12.5% in the 1st quarter. Capital Advisors Ltd. LLC now owns 32,154 shares of the company’s stock worth $2,472,000 after purchasing an additional 3,581 shares during the last quarter. New Century Financial Group LLC acquired a new position in shares of ProShares Investment Grade Interest Rate Hedged in the 1st quarter worth approximately $244,000. Trademark Financial Management LLC grew its stake in shares of ProShares Investment Grade Interest Rate Hedged by 3.9% in the 1st quarter. Trademark Financial Management LLC now owns 6,916 shares of the company’s stock worth $532,000 after purchasing an additional 260 shares during the last quarter. Finally, Private Trust Co. NA grew its stake in shares of ProShares Investment Grade Interest Rate Hedged by 155.3% in the 1st quarter. Private Trust Co. NA now owns 526 shares of the company’s stock worth $40,000 after purchasing an additional 320 shares during the last quarter.

ProShares Investment Grade Interest Rate Hedged Stock Up 0.9%

Shares of IGHG opened at $79.04 on Friday. The firm’s 50 day moving average is $78.67 and its 200-day moving average is $77.72. ProShares Investment Grade Interest Rate Hedged has a 12-month low of $70.68 and a 12-month high of $79.14.

About ProShares Investment Grade Interest Rate Hedged

The ProShares Investment Grade—Interest Rate Hedged (IGHG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index with long exposure to USD-denominated investment-grade debt and short exposure to US Treasurys. The fund aims to minimize interest-rate risk.